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EasyJet had a net profit of [pounds sterling]152.3 million ($312.5 million) in the fiscal year ended Sept. 30, up 61.8% from the [pounds sterling]94.1 million earned in the previous financial year. Revenue rose 11% to [pounds sterling]1.79 billion with ancillary revenues soaring 30.4% to [pounds

EasyJet revised upward its pre-tax profit target for the financial year ended Sept. 30 owing to strong fourth-quarter traffic and revenue and said it now expects to deliver a pre-tax profit "slightly ahead of the [pounds sterling]150 million [$239 million] that was the top end of our previous

EasyJet's profit for the fiscal year ended Sept. 30, 2008, dropped 45% to [pounds sterling]83.2 million ($123.4 million) from [pounds sterling]152.3 million in FY07 amid an escalating dispute between founder and largest shareholder Stelios Haji-Iannou and the carrier's board. Haji-Iannou refused to

EasyJet will start trialing a new technology called AVOID (Airborne Volcanic Object Identifier and Detector) in cooperation with Airbus that it hopes will minimize future disruptions from volcanic activity. The system was developed by Norwegian Institute for Air Research Senior Scientist Fred Prata

EasyJet agreed to purchase GB Airways from Bland Group for [pounds sterling]103.5 million ($212.1 million) in cash (see cover story, p. 24). The deal does not include GB's four London Heathrow slots. GB operates nine A320s and six A321s under a franchise agreement with British Airways, serving

Easy Jet said it remains "on track to deliver substantial profit improvement" during its fiscal year ending Sept. 30 as it reported a 10.5% increase in revenue to [pounds sterling]607.5 million ($990.3 million) in the fiscal first quarter ended Dec. 31. Severe weather during the quarter added

EasyJet tapped media executive Carolyn McCall, who ran the UK's Guardian Media Group, as its new CEO succeeding the departing Andy Harrison, who announced his resignation in December following disagreements with founder and majority shareholder Stelios Haji-Ioannou. He plans to leave at the end of